Long story short, I’m going through the process of disputing an automated debit charge to my checking account and I’ve filled out the affidavit and everything according to the NACHA rules and whatnot… And as I’m on their website trying to sift through their documents on the process, I come across a few paragraphs on how the process works. Problem is, I lose track of what it’s saying about half-way through.
Any good jargon translators out there? It’s section 2.2.2 “Returns/60-day Right of Recredit” that I’m trying to go through…
http://internetcouncil.nacha.org/docs/Fraud%20Paper%20Final%20%20Jan%20’03.pdf
If anyone could provide me with a simplistic translation, that’d be mightly helpful.